The new CEO of Twitter started to reorganize the company by sacking two senior executives. A document revealed that Twitter is restructuring its consumer, revenue and core technology divisions under individual leaders to drive increased accountability, speed and operational efficiency. Kavyon Beykpour, Bruce Falck and Nick Caldwell were responsible for the management of these three divisions.
Change continues on Twitter. As part of this change, Michael Montano, the company’s engineering leader, and Dantley Davis, design and research leader, are leaving at year’s end.
There was a second shock in Twitter.
Davis’ Fast Company profile, released in September, described him as the first black executive to report to the CEO since Twitter went public. According to The New York Times, he joined the company in 2019 for major changes in company culture in an attempt to fix the recession.
Beykpour, Twitter’s head of consumer products, made a statement on the subject. At this point, “Dantley joining this company is one of the most important milestones I believe we have. ” said. This shake-up was the second major change to the company in the current week. Before that, Twitter founder Jack Dorsey announced that he was leaving the company. Then CTO Parag Agrawal took over the company.
Twitter announced that the restructuring is aimed at speeding up the company’s decision-making process. “Parag focuses on operational excellence and building Twitter to achieve its goals,” Laura Alexander said in a statement. ” he commented.
Parag Agrawal aimed to double the company’s annual revenue
Parag Agrawal stated earlier this year that the company aims to have $315 million earnable daily active users by the end of 2023. In addition, he promised to at least double the company’s annual revenue. Now it’s tasked with meeting Twitter’s aggressive internal goals.
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